Just my opinion, but I think there isn't much point to reverting the honor system. If everyone got honored then getting honor rewards would be extremely easy, defeating the purpose of trying to be the best player on the team. The only case where you wouldn't honor someone is if they were annoying or toxic which doesn't really help making the community less toxic. With only one honor per person, you actually have to decide who the best player in your opinion was, giving purpose to honors. Getting four honors now would have more meaning then everyone being honored.
Overall, reverting the system would take away more from the game than it would help it. Not to mention it would take a lot of effort, and with no real purpose, it's most likely never going to come back :/
Hope this explains why. Felt bad that no one actually gave you an answer. Have a good day :)